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AC Holding Limited
AC Holding Limited was fined USD 1,500,000 for operating as an unlicensed virtual asset service provider, carrying out regulated activities without authorisation, and misrepresenting its status in ADGM.
Date
2025-04-03
Entity type
VASP
Action type
Fine
Fine (as written)
USD 1,500,000
Fine (normalised AED)
5,505,000
Personal fine
No
Regulations breached
Sections 16 and 20 of the Financial Services and Markets Regulations 2015
Scraped at
2026-07-04T14:13:22.54644+00:00